First National Bank Alaska (OTCMKTS:FBAK) Shares Cross Above 50-Day Moving Average – Time to Sell?

Shares of First National Bank Alaska (OTCMKTS:FBAK) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $222.83 and traded as high as $234.85. First National Bank Alaska shares last traded at $234.00, with a volume of 717 shares changing hands.

First National Bank Alaska Trading Up 4.0 %

The firm has a market capitalization of $741.78 million, a PE ratio of 11.64 and a beta of 0.32. The stock’s 50 day moving average price is $222.83 and its two-hundred day moving average price is $207.90.

First National Bank Alaska Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Sunday, December 1st were issued a dividend of $3.20 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $12.80 dividend on an annualized basis and a dividend yield of 5.47%. First National Bank Alaska’s dividend payout ratio (DPR) is presently 63.65%.

About First National Bank Alaska

First National Bank Alaska, a commercial bank, provides various banking products and services for business, industry, and individual customers primarily in Alaska. The company offers savings and checking accounts; money market deposits; safe deposit services; certificates of deposit; individual retirement accounts; and personal, home equity, and construction loans, as well as loans for stability and growth.